🚨 Big news from Decent

We’ve just executed an important proposal, and we’re extremely excited because it takes advantage of some of our amazing new features

Here’s how it all came together 👇

DAOs and onchain orgs, it's time to accelerate. Govern at startup speed. 

www.decentdao.org

To make this happen, we used our newest features:

- Onchain elections via NFTs, powered by @hatsprotocol 🎩
- Payment streams attached to each role, automated through @sablier 💸
- Actions for tasks like one-off payments 🛠️

In a single proposal, we’ve elected multiple roles, set up payment streams, and executed one-off payments—all chained together seamlessly in mere moments through our UI (but took many months of development effort to get there!)⚡️

This onchain structure reflects exactly what DAOs need: keeping power in the hands of tokenholders while following legal best practices as a Cayman Foundation—the entity format of choice for The Decent Foundation and many DAOs 🏛️

This is huge for us! The Decent Foundation will now be able to onboard contributors, execute service agreements, and receive revenues from our users directly to the onchain treasury👌, all while remaining compliant in Cayman

The future of DAO operations is here 🚀

We’re formalizing key admin roles for the Decent Foundation to improve governance and ensure we stay compliant

These roles include:
- Legal Counsel (Renno & Co) to review proposals ⚖️
- Director (Marc Piano from Harneys Global) to lead the Foundation, based in the Cayman Islands 🌴